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Jan 24, 2013
01/13
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the math. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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Jan 24, 2013
01/13
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criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. so will bounty select-a-size. it's the smaller powerful sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less, with bounty select-a-size. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adj
criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you...
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Jan 24, 2013
01/13
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on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even higher. so the republicans are delusional to be saying that the issue is just a matter of reaching out or modernizing technology and that their principles are sound. it's their principles and policies that were rejected by the voters and that continues. and you're right, too, to point to that symbolism of that awful chair. i mean, that was the worst moment of a terrible convention. >> in the chair of the gop's office. what could you be thinking about? >> right, a cranky old man lecturing our first african american president in prime time in tampa helped take the party down. but while mr
on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even...
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Jan 24, 2013
01/13
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modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is absolute. >> what limitations on the right to keep and bear arms are permissible. some are, because there were some that were acknowledged at the time. >> no, there is nothing any current member of the supreme court has said that could help crazy wayne make his case last night. and so he reached all the way back to a supreme court justice who died 41 years ago, and was a liberal member of the supreme court, who if he were alive today would be a solid vote for gun control on the supreme court. >> don't take it from me, take it from former democratic u.s. senator, and u.s. supreme court justice hugo bla
modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is...
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Jan 25, 2013
01/13
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tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public does not want to see materially reduced. you may want to, but the polls say the public does not want to see them materially reduced. >> by the way -- >> where is all this money going to come from? >> it's not about what i don't want or want. this is basic arithmetic. the deficit, the debt that is incurred by medicare and medicaid in the out years, it just can't be made up, even in a small part by increasing taxes on the margins anymore. i mean, you could take the tax rate up to 95%, perhaps. >> well, you don't have to go that high. the math h
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public...
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Jan 24, 2013
01/13
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the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lauri from the national review. he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was real obama, not covered up politics, the real thing on monday. he wrots, obama settled one and for all the debate over the place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and our coun
the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no...
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Jan 26, 2013
01/13
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i think this administration would much rather focus on guns and taxes and other social issues and not deal with the quagmire that is the middle east. the bush years were deep in iraq and afghanistan trying to get between the sunni and shia fight and i think this administration would rather not deal with it. sounds great, but i don't think that's an option because the foreign policy and the rest of the world comes knocking on your door and the way things are heading right now while we would like to ignore it or not i don't think we'll be able to. >> nbc's chief foreign correspondent richard engel, always good to see you. the invitation is open. i know you're not stateside much, but when you are, come back. >> i look forward to. >> now to what could shape up to be the senate race in 2014, the battle in kentucky. senate minority leader mitch mcconnell will be making a bid for a sixth term there and there's speculation that he could face a democrat who is pretty well known in her own right. her name is ashley judd. she made several appearances at inaugural parties last weekend and judd to
i think this administration would much rather focus on guns and taxes and other social issues and not deal with the quagmire that is the middle east. the bush years were deep in iraq and afghanistan trying to get between the sunni and shia fight and i think this administration would rather not deal with it. sounds great, but i don't think that's an option because the foreign policy and the rest of the world comes knocking on your door and the way things are heading right now while we would like...
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Jan 29, 2013
01/13
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on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that the flaw that many people said caused problems in the middle east that after the attack, after the killings, that reagan did decide to bring the troops loam? >> depending on how deeply you want to go into the middle east policy, i would say, if you talk to rez za as you land and some other scholars, there are a number of things going on relative to iran, but certainly as it relates to george schulze and rondy rice in the film, they all say yes, that the pullout created a power vacuum that led to at least to the strength of hezbollah from that point forward. so they would all say they regret that decision. >> to what
on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that...
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Jan 28, 2013
01/13
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and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to deficits, when it comes to debt. george w. bush added $6 trillion in debt, the president, $6 trillion over one term. but democrats are going to have to look at medicare and medicaid. this just can't -- you can't tax your way to solvency, can you, with these programs? >> you can't. i mean, we have made over $1 trillion in cuts at the last continuing resolution. that was a good thing. we've raised revenues, $600 billion in revenue, that was a positive step. we've got, joe, at least $2.5 trillion to go. and i think richard's right. i'd say it
and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to...
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Jan 27, 2013
01/13
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feels like membership. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. and it's four times stronger. charmin ultra strong. >>> in a moment, what you should know for the news week ahead. first, an update on stories we have been following. the time google said u.s. government requests for user data continued to rise in 2012. according to the transparency report, this is a global trend. google has received requests from government information from around the world. 20,000 requests. we have more evidence that austerity is not working in europe to spur economic growth orut debt. during the third quarter of 2012, government debt compared to the output embark on a regime of cutting spending and raising taxes was barely changed. it rose for three months earlier and up from 86.6% in 2011. >
feels like membership. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. and it's four times stronger. charmin ultra strong. >>> in a moment, what you should know for the news week ahead. first, an update on stories we have...